Press Release
May 18, 2018

Sen. Bam strengthens call to suspend TRAIN amid cries for fare increase

A senator stressed the need to suspend the excise tax on fuel under the government's tax reform program, saying the transport sector is already crying out for support amid the increase in fuel prices.

"Para sa mga driver, operator at pasahero, i-ipreno na ang TRAIN para mapagaan naman ang kanilang sitwasyon," said Sen. Bam Aquino, referring to the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

"Ibalik na ang mekanismo para masuspindi ang excise tax dahil sa inflation upang mabawasan na ang pasanin ng parehong driver, operators at mga commuter," added Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

Sen. Bam made the pronouncement after several jeepney operators filed a petition asking for a P2 fare increase and the possible surge pricing during rush hours due to the recent increase in prices of petroleum products.

Sen. Bam submitted Senate Bill No. 1798, seeking to stop the collection of excise tax on fuel under TRAIN once the inflation rate breaches "target range."

In Sen. Bam's measure, the collection of excise tax will be suspended once the average inflation rate surpasses the annual inflation target over a three-month period.

Sen. Bam introduced that specific provision during the TRAIN's deliberation and was approved by fellow senators. However, the provision was not included in the bicameral conference committee and the approved version of the measure.

"Bigyan naman natin ng kaunting ginhawa ang ating mga kababayan sa pagtaas ng presyo ng petrolyo at iba pang mga bilihin," said Sen. Bam.

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